This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Pomona California special warranty deed from an individual to an individual is a legal document that transfers the ownership of real property from one person to another with specific assurances. This type of deed provides limited protection and guarantees offered by the seller (granter) to the buyer (grantee) against any defects or claims that may arise during the granter's ownership period. Unlike a general warranty deed, which assures the grantee against any defects throughout the property's history, a special warranty deed only covers defects or encumbrances that occurred during the granter's ownership. This distinction is important to consider when engaging in real estate transactions. The special warranty deed serves as evidence that the granter legally owns the property and has the right to transfer the deed. It outlines the parcel of land or real estate being conveyed, including a proper legal description, and provides crucial details such as the full names and addresses of the granter and grantee. In Pomona, California, there may be different types of special warranty deeds from individual to individual, including: 1. Special Warranty Deed with Reservation: This type of deed includes specific limitations or reservations as agreed upon by the granter and grantee. It may involve restrictions on certain usage rights, such as reserving mineral rights or easements, or even retaining a life estate. 2. Special Warranty Deed with Property Description Discrepancies: In cases where there are discrepancies or errors in the legally described property, this type of special warranty deed acknowledges and addresses such issues. It clarifies any inconsistencies to ensure a clear understanding between the parties involved. 3. Special Warranty Deed with Limited Warranty Period: This variation of the special warranty deed restricts the timeframe during which the granter is accountable for any defects or claims arising from their ownership. It may specify a specific period during which the warranty remains in effect, resulting in the granter's liability diminishing as time passes. It is essential to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of special warranty deed is used in a Pomona, California real estate transaction. Understanding the specific terms and conditions laid out in the deed is vital for both the granter and grantee to provide clarity and protection during property transfers.A Pomona California special warranty deed from an individual to an individual is a legal document that transfers the ownership of real property from one person to another with specific assurances. This type of deed provides limited protection and guarantees offered by the seller (granter) to the buyer (grantee) against any defects or claims that may arise during the granter's ownership period. Unlike a general warranty deed, which assures the grantee against any defects throughout the property's history, a special warranty deed only covers defects or encumbrances that occurred during the granter's ownership. This distinction is important to consider when engaging in real estate transactions. The special warranty deed serves as evidence that the granter legally owns the property and has the right to transfer the deed. It outlines the parcel of land or real estate being conveyed, including a proper legal description, and provides crucial details such as the full names and addresses of the granter and grantee. In Pomona, California, there may be different types of special warranty deeds from individual to individual, including: 1. Special Warranty Deed with Reservation: This type of deed includes specific limitations or reservations as agreed upon by the granter and grantee. It may involve restrictions on certain usage rights, such as reserving mineral rights or easements, or even retaining a life estate. 2. Special Warranty Deed with Property Description Discrepancies: In cases where there are discrepancies or errors in the legally described property, this type of special warranty deed acknowledges and addresses such issues. It clarifies any inconsistencies to ensure a clear understanding between the parties involved. 3. Special Warranty Deed with Limited Warranty Period: This variation of the special warranty deed restricts the timeframe during which the granter is accountable for any defects or claims arising from their ownership. It may specify a specific period during which the warranty remains in effect, resulting in the granter's liability diminishing as time passes. It is essential to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of special warranty deed is used in a Pomona, California real estate transaction. Understanding the specific terms and conditions laid out in the deed is vital for both the granter and grantee to provide clarity and protection during property transfers.
